MOHAMMAD AZAB - 21 Jun 2023 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Mohammad Azab
Issuer symbol
DRRX
Transactions as of
21 Jun 2023
Net transactions value
$0
Form type
4
Filing time
23 Jun 2023, 17:29:12 UTC
Previous filing
02 Jun 2023
Next filing
20 Dec 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRRX Stock Option (right to buy) Award $0 +5,500 $0.000000 5,500 21 Jun 2023 Common Stock 5,500 $5.29 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the total shares subject to this grant dated June 21, 2023 shall vest on the day before the first year anniversary of the grant date.